Does this meet the requirements of "Describe one boom and bust cycle from this unit that affected Washington state-describe its impact on
the state. What role did the government play in boom and bust cycles? Provide a specific example.
(4 points)"
The "Boom and Bust Cycle" was the economic growth, then drop of Washington. The “Boom” was created when the “Gold Rush” increased the demand for goods and services leading to more business opportunities for advancements, allowing a better economy in Washington. The Government supported this by establishing mining regulations and offering structures like roads and bridges to be built. The "Bust" happened when the "Gold Rush" era saw a decline of economy which resulted in loss of employment. The declining economy led to the large amounts of deforestation and environmental destruction to make up for the large loss. These large deforestation operations were creating an environmental problem, so the government had to get involved, and put in place restrictions known as the "Sustainable Harvest Calculation Regulation". This regulation prevented overlogging and limited the number of trees that these industries were allowed to cut down. After the "Bust", the industry moved towards a more diverse economy in Washington.
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